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20110731
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NBC
Jul 28, 2011 6:00pm EDT
this legislation. tea party republicans finally back the speaker. >> is this as big as we wanted to go? heck, no. we wanted to go bigger. we ran on going bigger. but this is the only proposal on the table that accomplishes the goals that we set out to do. >> reporter: after yesterday's stram bell to cut more spending and dwift more arms, boehner has his troops in line. >> listen, for the sake of jobs, for the sake of our country, let's pass this bill and end this crisis. >> reporter: the boehner plan would cut spending $917 billion over ten years, but require a second vote in a few months. >> and here's my words. >> reporter: house democrats can't stop it. senate democrats say they will. >> it will not pass, because a short-term extension risks the same things that no extension risks. >> reporter: but democrats have given up on tax hikes, and they cut spending more than house republicans would. could the two plans be combined in a compromise? >> congress has a way of waiting until the last minute to do the right thing. we remain confident that it will. >> reporter: but today, debate on the boehn
NBC
Jul 29, 2011 6:00pm EDT
before the debt ceiling is raised. a notion savaged this week by a big-name senate republican. >> it's unfair, it's bizarro. >> reporter: savaged today by senate democrats. >> this is the most outrageous suggestive heard. >> speaker boehner should just give it up. >> but the republican senate leader backed the speaker. >> democrats are out bragging about how they're going to prolong the crisis instead of doing the hard work of trying to solve it. and that includes the president. >> reporter: president obama is not bragging. he's begging for no default. >> if we don't come to an agreement, we could lose our country's aaa credit rating. not because we didn't have the capacity to pay our bills. we do. but because we didn't have a aaa political system to match. >> reporter: house republicans set a vote on the boehner plan tonight. >> here we go again, my friends. >> reporter: senate democrats plan to kill the boehner plan. three days left. saturday, sunday, monday. in reality, especially in the senate, the two political parties really are not that far apart on the key issue, spending. th
NBC
Jul 20, 2011 6:00pm EDT
it. and that in a nutshell is why a lot of big, moderate players in this town led by president obama do like this bipartisan scheme. with 13 days until possible default, all eyes are on the gang of six senators, three republicans and three democrats. they met today with house democrats. can they craft a deficit deal that can pass congress? lawmakers ask gang of six democrat kent conrad. >> how does this work? where is it headed? >> reporter: like the deficit commission, like president obama, the gang of six has a plan that's balanced. gang of six democrat dick durbin. >> it does it by putting everything on the table. everything. spending cuts, entitlement programs and revenue. >> reporter: $3 trillion in spending cuts, including cuts in medicare and the like. $1 trillion in tax hikes. but not on most americans. >> we're actually reducing tax rates, both on the individual side and the corporate side. >> reporter: that's a move to win over conservatives, like house gop leader eric cantor. >> and so i don't think that raising taxes, increasing tax rates, is the answer. certainly not in
Search Results 0 to 2 of about 3